According to the public record, 48, Rowland Avenue, Nelson is a mid-century freehold house with 893 ft2 of internal area and sits on a 235 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Rowland Avenue, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
48, Rowland Avenue, Nelson has 31 entries in the Land Registry database, most recently in November 2020 and a single entry in the EPC database dated July 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 48 Rowland Avenue Nelson as £125,787 and the rental value as £577 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 48 Rowland Avenue Nelson has increased by £4,132 (3.3%) and its rental value has decreased by £4 per month (0.7%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 48, Rowland Avenue, Nelson is in very good condition we estimate a sale value of £132,077 and rental value of £606 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £116,982 and a rental value of £537 per month.
If you were able to purchase this property for the estimated value of £125,787, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £618 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 48, Rowland Avenue, Nelson sits on a plot of 235m2.
We have plot size data on 66 out of 84 other houses in the postcode and 48, Rowland Avenue, Nelson sits on the 36th largest plot.
According to HM Land Registry, 48, Rowland Avenue, Nelson was last sold on 06 Nov 2020 for £129,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Nov 2020, the market for similar properties has risen 14.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Rowland Avenue, Nelson within a radius of 570 metres over the last 2 years.
The most recent example is 30, Rowland Avenue, Nelson, BB9 9NG, a Freehold house which sold for £125,000 in Oct 2023.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rowland Avenue, Nelson, BB9 has a total of 84 addresses. According to our analysis of all the public data, 48, Rowland Avenue, Nelson is the 15th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £6k less expensive than the average property in BB9.
48, Rowland Avenue, Nelson has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Jul 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 48, Rowland Avenue, Nelson is Nelson station which is 1.3 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 48, Rowland Avenue, Nelson, 34.4% of property is privately owned with a mortgage and 31.2% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 48, Rowland Avenue, Nelson, 27.0% of residents are recorded as possessing school level qualifications and 12.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 48, Rowland Avenue, Nelson, the average age was 39.2 and the most common age was 12.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 48, Rowland Avenue, Nelson, 0.5% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 48, Rowland Avenue, Nelson, there are an average of 1.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.